GPC Sipp Ltd (05532587): administration
- Status
- Administration ended
- Administration began
- 2019-06-11
- Administrators
- Adam Henry Stephens, Henry Anthony Shinners
- Administrators' firm
- Evelyn Partners
- Formerly
- The GPC Sipp Ltd; Guardian Pension Consultants Ltd; Guardian Pensioneer Trustee & Consultancy Ltd
- Incorporated
- 2005-08-10
- Location
- London
- Industry
- 65300 Pension funding
Why it went into administration
- Regulatory change or action
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 10 August 2005 and has traded from Capricorn Business Park, Blakewater Road, Blackburn, BB1 5QR since its incorporation. The business of the Company was the provision of technical and administration services to Guardian Pension Trustees Limited which acted as the corporate trustee of a number of SIPPs and SSASs. The following information has been sourced from discussions with the Company’s management, the Company’s professional advisers, and from regulatory submissions.
The assets held in the SIPPs and SSASs were held in trust by Guardian Pension Trustees Limited. Please note that Guardian Pension Trustees Limited has not entered into administration. Guardian Pension Trustee Limited is not authorised or regulated by the FCA.
The Finance Act 2004, which took effect on 6 April 2006, introduced significant changes ta pension schemes, including the removal of investment restrictions. Instead, penal tax charges applied to certain types of investment, for example residential or tangible moveable praperty.
Administrators' statement of proposals (2019-12-10) · Companies House register